Initial Tender Period definition

Initial Tender Period. The term "Initial Tender Period" shall have the meaning specified in Section 3.02(a).

Examples of Initial Tender Period in a sentence

  • This Section 12.2 applies exclusively to Unaffiliated Schering Shareholders resident in the United States who tendered their Schering Shares into this Mandatory Offer through the U.S. Settlement Agent during the Initial Tender Period and wish to exercise their rights of withdrawal.

  • Under the conditions set forth in Section 12 of this Offer Document, Unaffiliated U.S. Securityholders who tender their U.S. Securities through the U.S. Settlement Agent during the Initial Tender Period may withdraw their tendered U.S. Securities at any time prior to the expiration of the Initial Tender Period.

  • The U.S. Settlement Agent will then cause the transfer to the Bidder’s account established for such purpose with Commerzbank AG, Frankfurt am Main of the Schering Shares so received in its account at BHF Bank Aktiengesellschaft, Frankfurt am Main, in the case of Schering Shares tendered during the Initial Tender Period, upon expiration of such Initial Tender Period and, in the case of Schering Shares so received during the Subsequent Tender Period, within three U.S. Working Days after such receipt.

  • Schering Securityholders who have not tendered their Schering Securities in this Mandatory Offer by the end of the Initial Tender Period may still tender their Schering Securities in this Mandatory Offer from the expiration of the Initial Tender Period until January 24, 2007, midnight Frankfurt Local Time / 6:00 p.m. New York Local Time, respectively, unless thereafter extended as described below.

  • This initial period for tendering Schering Securities in this Mandatory Offer is referred to in this Offer Document as the “Initial Tender Period.” The earliest date on which the Offer Consideration will be paid in respect of Schering Shares tendered during the Initial Tender Period by such holders will be on January 9, 2007, after the expiration of the Initial Tender Period.

  • The U.S. Settlement Agent will then cause the transfer to the Bidder’s account established for such purpose with Commerzbank AG, Frankfurt am Main of the Schering Shares so received in its account at BHF-Bank Aktiengesellschaft, Frankfurt am Main, in the case of Schering Shares tendered during the Initial Tender Period, upon expiration of such Initial Tender Period and, in the case of Schering Shares so received during the Subsequent Tender Period, within three U.S. Working Days after such receipt.

  • In accordance with German law, holders of Shares, including those represented by ADSs, will be entitled to tender into the Offer during the Subsequent Tender Period commencing immediately upon expiration of the Initial Tender Period and expiring on January 24, 2007, midnight Frankfurt Time/ 6:00 p.m. New York Time, respectively, unless thereafter extended.

  • In accordance with German law, holders of Shares, including those represented by ADSs, will be entitled to tender into the Offer during the Subsequent Tender Period commencing immediately upon expiration of the Initial Tender Period and expiring on January 24, 2007, midnight Frankfurt Time/ 6:00 p.m. New York Time, unless thereafter extended.

  • This Section 12.3 applies exclusively to Unaffiliated Schering ADS Holders who tendered their Schering Shares represented by Schering ADSs into this Mandatory Offer during the Initial Tender Period and wish to exercise their right of withdrawal.

Related to Initial Tender Period

  • Optional Tender means any tender of VRDP Shares by a Beneficial Owner or its Agent Member to the Tender and Paying Agent, other than a Mandatory Tender, for Remarketing or, in the event (i) no Remarketing occurs on or before the Purchase Date, or (ii) pursuant to an attempted Remarketing, VRDP Shares remain unsold and the Remarketing Agent does not purchase for its own account the unsold VRDP Shares tendered to the Tender and Paying Agent for Remarketing (provided that the Remarketing Agent may seek to sell such VRDP Shares in a subsequent Remarketing prior to the Purchase Date), for purchase by the Liquidity Provider pursuant to Section 2 of Part II of the Articles Supplementary and this Agreement.

  • Legal tender means a medium of exchange, including specie, that is authorized by the United States Constitution or Congress for the payment of debts, public charges, taxes and dues.

  • U.S. Legal Tender means such coin or currency of the United States of America as at the time of payment shall be legal tender for the payment of public and private debts.

  • Open Tenders means the tenders invited in open and public manner and with adequate notice.

  • e-Tender means Bids / Quotation / Tender received from a Firm / Tenderer / Bidder online.

  • Successful Tenderer means the Tenderer declared technically and financially successful for the Project and with whom, the Contract Agreement shall be signed.

  • Initial Term Loan Repayment Date shall have the meaning provided in Section 2.5(b).

  • Summer Period means the June, July, August, and September billing months. “Winter Period” means the December, January, February, and March billing months. “Transition Period” means the April, May, October, and November billing months.

  • Winter Period means the period in each year commencing on 1 June and ending on 30 October;

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Cover Period means the period from the cover start date to the cover end date.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Bid/Tender means the Techno Commercial and the Price Bid submitted by the Bidder along with all documents/credentials/attachments, formats, etc., in response to this Bid Document, in accordance with the terms and conditions hereof.

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Approved tenderer means the tenderer who is approved by the Employer.

  • Shelf Suspension Period See Section 3(a) hereof.

  • Look-back Period means, with respect to any Employment Violation by Grantee, the period beginning on the date which is 12 months prior to the date of such Employment Violation by Grantee and ending on the date of computation of the Recapture Amount with respect to such Employment Violation.

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Payoff Period For the first Distribution Date, the period from the Cut-Off Date through November 14, 2005, inclusive; and for any Distribution Date thereafter, the period from the 15th day of the Prior Period through the 14th day of the month of such Distribution Date, inclusive.

  • Second Extension Period means the period of one (1) Contract Year commencing immediately after the end of the First Extension Period.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • U.S. Government Obligations means securities which are (i) direct obligations of The United States of America for the payment of which its full faith and credit is pledged or (ii) obligations of a person controlled or supervised by and acting as an agency or instrumentality of The United States of America the payment of which is unconditionally guaranteed as a full faith and credit obligation by The United States of America, and which in the case of (i) and (ii) are not callable or redeemable at the option of the issuer thereof, and shall also include a depository receipt issued by a bank or trust company as custodian with respect to any such U.S. Government Obligation or a specific payment of interest on or principal of any such U.S. Government Obligation held by such custodian for the account of the holder of a depository receipt, provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depository receipt from any amount received by the custodian in respect of the U.S. Government Obligation evidenced by such depository receipt.

  • Government Obligations means (i) securities which are (A) direct obligations of the United States of America or the government which issued the Foreign Currency in which the Securities of a particular series are payable, for the payment of which its full faith and credit is pledged or (B) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the United States of America or such government which issued the Foreign Currency in which the Securities of such series are payable, the payment of which is unconditionally guaranteed as a full faith and credit obligation by the United States of America or such other government, which, in either case, are not callable or redeemable at the option of the issuer thereof, and (iii) a depository receipt issued by a bank or trust company as custodian with respect to any such Government Obligation or a specific payment of interest on or principal of any such Government Obligation held by such custodian for the account of the holder of a depository receipt, provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depository receipt from any amount received by the custodian in respect of the Government Obligation or the specific payment of interest on or principal of the Government Obligation evidenced by such depository receipt.

  • The Tenderer means the individual or firm supplying the Goods under this Contract.

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Term Lender’s name in Schedule 1.01A under the caption “Initial Term Commitment.” The initial aggregate principal amount of the Initial Term Commitments as of the Closing Date was $2,670,000,000.